Thursday, October 9, 2014

Fiat farewell after 111 years: it becomes Fca and landed on Wall Street – Il Sole 24 Ore

Fiat farewell after 111 years: it becomes Fca and landed on Wall Street – Il Sole 24 Ore

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This article was published on 8 October 2014 at 20:19.
The last change is the 9 October 2014 at 07:48.

The title Fiat disappears from the Italian Stock Exchange. Tomorrow is the last day of trading in Piazza Affari, where the company was listed for 111 years. Chrysler Fiat Automobiles born Sunday, October 12, the day which commemorates the discovery of America: this is the date with a strong symbolic value in which the merger will be operational. The next day, Monday, when New York will be celebrating Columbus Day with the annual parade, Fca – Chrysler Fiat Automobiles debut on Wall Street and in the electronic market of Milan.

The official go-ahead has arrived all the conditions that allow the merger of Fiat Fiat Spa in investment and, hence, the birth of Chrysler Fiat Automobiles’ have come true. ” The period provided for by Italian law for the opposition of creditors expired on 4 October and there were no oppositions. The right of withdrawal has been exercised for a number of shares that does not result in exceeding the limit of 500 million euro amount to be paid to shareholders and creditors. The NYSE, New York Stock Exchange and the Italian Stock Exchange announced that they have approved the listing of the shares Fca.

In place of the disappearance Italian Automobile Factory Turin will be the new company, Fca, headquartered in the Netherlands and the tax office in the UK, in London’s St James’s Street. In Turin will be the headquarters of the European activities of the group and that of Exor, the holding company which keeps tight control of the company thanks to the mechanism of multiple voting at the meeting granted by Dutch law to the shareholders of the long course.

A historic turning point for the Italian giant (now Italian-American) car. And especially for the “Fiattologi” of all ages. That can trace the history of Lingotto in the nine questions in this quiz.

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